13. Which of the following is an example of the IMAs confidentiality standard?

A. Provide decision support that is accurate, clear, concise and timely.

B. Communicate information fairly and objectively.

C. Abstain from engaging in or supporting any activity that might discredit the profession.

D. Keep information confidential, except when disclosure is legally required.

11. Raw materials inventory increases when (mark all that apply)

A. A supplier's invoice for materials is paid

B. Indirect materials are issued to the production floor

C. The product is sold out of the warehouse

D. Direct materials are issued to the production floor

E. Direct materials are ordered from a supplier

F. Indirect materials are received

G. Direct materials are received

10. Job order costing systems are typically used for products that share which of the following 4 characteristics? (mark all 4 that apply)

A. Costs are easily traceable to specific orders

B. The production process for products is very similar across all products

C. Production processes are very heterogeneous

D. Production runs often happen in different volumes depending on customer requirements

E. Different jobs require differing levels of resources from other orders

F. Units of production are very homogeneous